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Archives for the Category: Auto Shows & Events

How Will Insurance Companies Deal With A Possibility Of Less Accidents

Posted by admin on February 8th, 2016 in Category Auto Parts, Auto Shows & Events, Automotive News, Junk Cars, Odd News, Site News, Uncategorized, Wolrd Auto News (no responses)

When you get into an accident the first thing most people do is call their insurance company to report it. However, as autonomous driving technology advances, perhaps the most notable benefit is the promise of a striking reduction in accidents.

But fewer accidents will, according to a recent report, turn the entire auto insurance industry on its head.

“We think that over the next 20 to 25 years, the number of accidents will fall by 80 percent,” said Jerry Albright, principal of actuarial and insurance risk practice at KPMG, the consulting firm that released the report. “From a consumer perspective, this is a very good thing. You’ll see improved safety, fewer deaths.”

At Progressive’s investor relations meeting in 2013, John Curtiss, the company’s auto products development chief, said the industry had grown 90 percent over the previous 30 years, mostly because more vehicles were on the road. More recently, Mr. Albright said that most insurance companies had problems turning a profit over the last six years and that the changes autonomous vehicles would bring were sure to make profitability more elusive.

At risk is the lifeblood of the industry — $200 billion in premiums that the insurers collect every year from policyholders, KPMG says.

According to KPMG’s report, the insurance industry could contract by as much as 60 percent by 2040 as accident damage payouts and premiums fall.

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Feds Change Their Position When It Comes To Cars That Drive Themselves

Posted by admin on December 5th, 2015 in Category Auto Shows & Events, Automotive News, Car Insurance, Odd News, Site News, Uncategorized, Wolrd Auto News (no responses)

LOS ANGELES – When driving there are certain rules to follow on the road, which have been put into question when it comes to autonomous driving, and now the U.S. government is deciding what position to take on the matter.

Federal transportation officials are rethinking their position on self-driving cars with an eye toward getting the emerging technology into the public’s hands.

Just two years ago, the U.S. Department of Transportation struck a cautious tone. Its official policy statement, published in May 2013, says cars should be limited to testing and not “authorized for use by members of the public for general driving purposes.”

For several years, Google and several traditional automakers have been running prototypes equipped with a suite of sensors and cameras around public streets and highways, mostly in California.

Those cars must have someone behind the wheel, ready to take over. Some have gotten into collisions, though the companies say a person in another car caused the accident in each case.

Google has advocated spreading self-driving cars into the public, once the tech titan concludes the technology is safe.

While states have taken the lead on regulating self-driving cars, policymakers in Washington hold some sway over states’ decision-making. California’s Department of Motor Vehicles in particular has asked for federal guidance as it struggles with how to move the cars safely from small-scale road tests to broader adoption.

In a written statement Monday, U.S. Department of Transportation spokeswoman Suzanne Emmerling said that with rapid development of the technology, federal policy is being updated.

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US Citizens Now Keep Their Cars Longer Than Ever

Posted by admin on July 30th, 2015 in Category Auto Parts, Auto Shows & Events, Automotive News, Car Fun and Humor, Car Insurance, Car Repair, Electric Cars, Green Cars, Junk Cars, Odd News, Site News, Uncategorized, Wolrd Auto News (no responses)

How often do you look outside your car as you drive to work and see an older version of the model you drive? Older cars are staying on the road and in the market through different avenues of car sales.

The average age of vehicles on the road in the U.S. is rising, even as consumers snap up more new ones — a paradox attributable to substantial increases in reliability.

The typical car on the road in the U.S. is a record-high 11.5 years old, according to a new IHS Automotive survey.

Yet Americans are buying cars at an annualized rate of more than 17 million vehicles, marking a high not seen since before the Great Recession. In fact, U.S. vehicle owners bought 42% more cars than they scrapped in 2014, according to IHS. The number of light vehicles registered in the U.S. hit an all-time high of 257.9 million units.

How are vehicles getting older, while Americans are buying newer cars, too?

Simple: They’re either keeping the old ones along with the new ones — know anyone who bought a new car and kept their old one in the driveway? — or the vehicle made its way into the used-car market, where someone else bought it..

“Vehicles are simply lasting longer than ever before,” Mark Seng, global aftermarket practice leader at IHS Automotive, told USA TODAY. “The consumer is hanging onto their vehicle longer than ever before.”

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Buy a New Car Just To Rent It Out

Posted by admin on June 20th, 2015 in Category Auto Parts, Auto Shows & Events, Automotive News, Car Fun and Humor, Car Insurance, Car Repair, Electric Cars, Green Cars, Junk Cars, Odd News, Site News, Uncategorized, Wolrd Auto News (no responses)

Manufacturers have proposed a new concept, which hasn’t been highly accepted yet. Automotive shops now recommend purchasing a new car and renting it out to other people to create another way to invest in property.

News this week that BMW’s Mini will offer buyers of its cars the chance to offset the purchase price by renting out their vehicles surely won’t find any takers. BMW itself has a similar scheme called DriveNow, which board member Peter Schwarzenbauer has said is based on the idea from accommodation sharing web site Airbnb. Ford and GM have also joined in.

Schemes that allow people who don’t own cars to rent by the hour make much sense. This allows the young, who either can’t afford to own a new car, or don’t need one very often, to get wheels for specific jobs. It also allows makers of electric cars which nobody wants to buy, to get them off dealer lots and earn some money.

If it was a scheme that allowed, say, students to rent out their old clunkers to generate enough cash to pay for running costs and then some, it might make some sense. But is there anyone in the history of the world who bought a brand new car – whether it’s a little runabout or an expensive limousine, that would ever let a stranger drive off in it? The fact that they could afford a new car in the first place means the financial incentive just isn’t there.

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Volkswagen’s Technological Breakthrough

Posted by admin on April 8th, 2015 in Category Auto Parts, Auto Shows & Events, Automotive News, Car Fun and Humor, Car Repair (no responses)

This new technology with VW’s Sport Coupe Concept GTE opens unknown opportunities in the field of automotive and biogenetic data.

The car brings auto-human interfaces to a new level in an eye-catching four-door that design chief Klaus Bischoff says shows not only a new model’s design “but also initial glimpses of a new design era.”

Under the sleek new body is an interior that features new interactive interfaces between human and machine—including the use of the driver’s biometric data and a new Active Info Display that has a 3D appearance.

VW is interfacing the car’s electronics directly with the driver based on driver biometric data. The concept determines, via a smart watch or armband for measuring the driver’s vital functions, whether to navigate a route that includes an exciting country road or a gentle route instead.

Biometric data monitoring begins as soon as the driver inputs the destination by voice or on the touchscreen—but only if the driver wants the data to be used as input for the navigation system. In this navigation mode the sole purpose is maximum driving enjoyment.

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Predictions for the 2015 Classic Collection

Posted by admin on March 6th, 2015 in Category Auto Parts, Auto Shows & Events, Automotive News, Car Fun and Humor, Car Insurance, Car Repair, Electric Cars, Green Cars, Junk Cars, Odd News, Site News, Uncategorized, Wolrd Auto News (no responses)

These cars will take you to a point where they will one day become classic, but you will be having to much fun to notice.

Hagerty Hot List is what car enthusiasts everywhere looks forward to seeing each year. It doesn’t matter why you love cars or what you do, the cars on this list are made for you, and there is one available for every type of person.

This list does not guarantee that the predictions will come true, that is something you have to wait to see in the 2040’s. But what it can guarantee is that you will enjoy these cars more than the possible monetary value with the amazing variety available throughout the market. There is truly a car for everyone.

Want a taut Italian sports car? Try the Alfa Romeo 4C. Supercar performance straight out of Detroit (er, Bowling Green)?Corvette Z06. The perfect balance of practicality and hot-hatch fun? VW Golf R.

None of these are economy-car-cheap, but they all sticker at well below $100,000 (what you do with the options catalog is up to you). Park any one of these 10 cars in your garage, and we think you’ll be a happy customer.

And if it’s worth something in a quarter-century? Consider that a bonus. 

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Bentley Introduces Hybrid Technology to the Luxury Market

Posted by admin on April 15th, 2014 in Category Auto Shows & Events, Automotive News (no responses)

As the first luxury brand to present a plug-in hybrid, Bentley wants to lead the way in bringing a new choice to the luxury automotive sector.  Debuting at the 2014 Beijing auto show, the Bentley Hybrid Concept demonstrates the fuel-saving powertrain that will feature in the company’s first-ever SUV by 2017.

The forthcoming Bentley SUV, which was first teased in 2012 as the EXP 9 F conceptgoes on sale in 2016 with a W-12 gasoline engine, and the plug-in version will debut a year later. The Bentley SUV, which may or may not be called Falcon, will be based on the forthcoming Audi Q8, a model that in turn will be based on the next-gen Audi Q7 crossover. The car could be priced around $200,000 and would reportedly be positioned to rival high-end versions of the Land Rover Range Rover and Porsche Cayenne. Based on a recent teaser photo, the styling of the future Bentley SUV has been toned-down considerably compared to the controversial EXP 9 F concept.

The company’s first application of hybrid power available in 2017 in the Bentley SUV. Plug-in hybrid technology is true to Bentley’s values of outstanding luxury and effortless performance.

Read the full article here. 

New Aventador Supercar by Lamborghini

Posted by admin on March 1st, 2011 in Category Auto Shows & Events, Automotive News, Car Fun and Humor, Wolrd Auto News (no responses)

The economy is crawling back and gas prices are sky-high but Lamorghini is still presenting the world with a supercar, gas-guzzler!

Lamborghini SpA is using the Geneva Motor Show to launch a gas-guzzling supercar, the Aventador LP700-4, and CEO Stephan Winkelmann is confident its sales won’t be affected by rising prices at the pump.

“These cars are dream cars, they’re never first user cars, so its always a car among others parked in the garage of our customers,” Winkelmann said.

The Sant’Agata Bolognese-based carmaker, owned by Germany’s Volkswagen AG, has already filled up more than 12 months worth of orders for the new Aventador, despite the tepid economic rebound in developed markets and the unrest in the Mideast that is driving oil prices to three-year highs.  Lamborghini says the Aventador will do zero to 60 mph in under 2.9 seconds, with a top speed of 217 mph.  I guess if you can afford this car then you likely don’t care about the price of gasoline!

Auto Show in China Around the Corner

Posted by admin on December 13th, 2010 in Category Auto Shows & Events, Wolrd Auto News (no responses)

It is not the biggest one in China but I always enjoy news out of the Guangzhou Auto Show and it is just over a week away and is expected to be smaller in terms of international visitors due to the proximity to Christmas, although this is unlikely to affect local visitors from attending. Beijing and Shanghai Auto Shows are considered the biggest in China, but Guangzhou Auto Show serves as an end of year show to launch new cars for 2011 and is smaller than the Beijing and Shanghai events.

Here are a couple of interesting cars to look out for.

Chery B16

What is happening at Chery these days is anyone’s guess, with their multiple sub-brands (Riich, Reely, Karry) and also the continuation of the Chery brand it seems that they are eager to spread the brand wealth and also build up each brand as a very independent line up whilst sharing parts – because this worked out great for GM. The B16 will be Chery’s replacement for the now out of production Oriental Son sedan, whilst over in the Riich range of cars Chery has its own G5 and G6 sedans which are supposed to be its high end offerings. I guess we will be able to find out at the Guangzhou Auto Show as to what is exactly happening at Chery HQ.

Volvo S60 2.0T

Volvo are planning to import the S60 into China in 2.0T form to take up the slack between the S40 and the S80L models, its not clear if this model will be sold via the Chang’an Volvo dealership or somewhere else due to Geely’s takeover of Volvo. In all likelihood it will be sold via Chang’an Volvo dealerships but then once it goes into production in one of Geely’s proposed three Volvo factories, then it will be sold elsewhere.